Social trading platform Fomo raises $75M, reaches $550M valuation
The Series B round values the social trading and token discovery platform at $550 million as crypto venture funding remains active in 2026.
Auto Added by WPeMatico
The Series B round values the social trading and token discovery platform at $550 million as crypto venture funding remains active in 2026.
The raise comes as stablecoin regulation advances globally and financial firms invest in infrastructure connecting blockchain payments with traditional banking systems.
2024 was a challenging year for crypto and blockchain venture capital, as former hot sectors like gaming, metaverse and NFTs failed to spur bigger funding […]
The stablecoin market, which is dominated by Tether and Circle, is worth more than $214 billion.
The Dubai-based venture capital firm said it plans to invest in 100 early-stage Web3 projects, 25 liquid tokens and 10 fund-of-fund allocations.
Fulgur Ventures, a cornerstone investor in the final close of Sygnum’s strategic growth round, is known for backing major industry platforms like Blockstream.
The venture firm expects 2025 to see a proliferation of tokenized securities and the emergence of AI agent “alpha hunters.”
Political tailwinds in the United States and anticipation of a friendlier regulatory climate are positive signs for the crypto industry.
Declining interest rates and increased regulatory clarity are expected to fuel a surge in venture capital investment in crypto startups over the next 12 months.
“We are passionate about backing technologies that will prevent censorship and things being shut down,” James McDowall told Cointelegraph.
